Coveware, which provides response services to ransomware attacks, has released a report for the fourth quarter of 2020.
The 4 most interesting data from the report
1. The average ransom payment stands at $ 154,108
It is a decrease of 34% from the third quarter.
2. Organisations decline to pay
The significant decrease in the average payment is due to the fact that more and more organizations are deciding not to pay the ransom.
3. 70% of ransomware attacks also include theft of information from the victim and double extortion
It is an increase of 43% from the third quarter.
4. Social Engineering is the main attack type
In the current quarter the main attack channel was social engineering attacks.
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( Source: Coverware Ransomeware Report)
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Silent Ransom Group’s Targeting of Law Firms: A Wake-Up Call for the Legal Industry
⚖️ Law Firms Under Siege: Silent Ransom Group’s Sophisticated Attacks
📢 The FBI has issued a warning about the Silent Ransom Group (SRG), also known as Luna Moth, targeting U.S. law firms with advanced social engineering tactics.
📧 SRG sends phishing emails disguised as subscription invoices, prompting recipients to call a number where attackers impersonate IT support.
🖥️ Victims are guided to install remote access tools like AnyDesk or Zoho Assist, granting attackers control over their systems.
🔐 Once inside, SRG exfiltrates sensitive legal data and demands ransom payments to prevent public disclosure.
🎯 Law firms are prime targets due to the confidential nature of their data, making them more susceptible to extortion.
🛡️ To defend against such threats, law firms must invest in employee training, implement strict access controls, and develop comprehensive incident response plans.
🔒 Stay ahead of emerging threats. Schedule a consultation with AUMINT.io today.
#CyberSecurity #LegalIndustry #SocialEngineering #AUMINT